Amber subsidiary acquires 80% stake in Shogini Technoarts for Rs. 506 crore

Amber Enterprises India Limited announced that its subsidiary, IL JIN Electronics (India) Private Limited, has completed the acquisition of an 80% stake in the equity share capital of Shogini Technoarts Pvt Ltd. The transaction closed on December 1, 2025, with a total purchase consideration of approximately Rs. 506 crore.

This acquisition makes Shogini a direct subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India Limited. The company previously intimated this development on November 14, 2025.

The disclosure was made pursuant to Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, aligning with SEBI Circular No. SEBI/HO/CFD/P0D2/CIR/P/0155 dated November 11, 2024. Relevant Annexures A and B, detailing further disclosures, were previously submitted with the November 14, 2025 intimation.